What is Reverse Mortgage? Simply put, it is a loan that can be availed of against home equity, a facility available to all homeowners above the age of 60 years. The most obvious advantage of this mortgage is that unlike a traditional mortgage, no monthly disbursements have to be made against this loan. Usually granted for approximately 40% of the appraised value of the house, the loan can be repaid, when residents move or sell out. Looking for more detailed reverse mortgage information? Log on to reversemortgageadvantage.ca, Canada’s leading provider of Reverse Mortgages. The Reverse Mortgage information covered in the site is exhaustive, explicit and comprehensive. Bound to be of use, do not miss it!